Lignetics buys Great Lakes Renewable Energy
April 20, 2021
BY Generational Capital Markets
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The U.S. exported 964,860.7 metric tons of wood pellets in January, up from 834,615 metric tons in December and 825,269.9 metric tons in January 2025, according to data released by the USDA Foreign Agricultural Service on March 12.
Renewables are expected to account for nearly 26% of U.S. electricity generation this year, increasing to nearly 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released March 10.
U.S. manufacturers produced approximately 1 million tons of densified biomass fuel in October, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 970,000 tons during the month.
The Advanced Woody Biomass Alliance on March 9 launched as a global industry platform uniting organizations to expand the use of woody biomass as a versatile, renewable carbon solution sourced from working forests.
Pellet production is a business in which small deviations matter. Not just in the business sense, but also in the operational sense.
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